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વિજ્ઞાન અને ટેકનોલોજીGS3
GS3

India Space Economy and Private Sector Expansion

Source:PIB ↗

આ શા માટે મહત્વનું છે

It highlights the transformation of India's space program from a public sector monopoly to a commercialized ecosystem with heavy private participation, directly aligning with GS3 Science and Technology syllabus regarding indigenous technology and commercial space development.

સારાંશ

Union Minister Dr Jitendra Singh highlighted that India's space economy is on track to reach USD 40-45 billion in 7-8 years. He emphasized the phenomenal growth of private sector investments and startups in India's space sector following policy reforms and the unlocking of space activities by the government.

મુખ્ય મુદ્દા

  • India's space economy is projected to reach USD 40-45 billion in the next 7-8 years.
  • Private sector participation and investments have surged following the unlocking of the space sector initiated by Prime Minister Narendra Modi.
  • The government established frameworks like IN-SPACe to facilitate, authorize, and mentor non-governmental entities (NGEs) and startups in the space ecosystem.
  • India's space sector is transitioning from a centralized state-driven model to a vibrant commercial ecosystem driven by private enterprise and innovation.

મહત્વપૂર્ણ શબ્દો

ISRO

The national space agency of India responsible for planning and executing space exploration, satellite launch vehicles, and scientific missions.

UPSC context

UPSC GS Paper III (Science & Technology - Space). Tests understanding of India's indigenous space capabilities and institutional frameworks.

Source
IN-SPACe

An autonomous single-window nodal agency under the Department of Space created to promote, authorize, and supervise private sector participation in Indian space activities.

UPSC context

UPSC GS Paper III (Science & Technology - Space Policy). Essential for questions on commercialization and privatization of the Indian space sector.

Source

સંલગ્ન સ્થિર ખ્યાલો

Science and Technology Space Technology

What are the institutional mandates of IN-SPACe, NewSpace India Limited (NSIL), and ISRO?

  • IN-SPACe Role: Single-window nodal agency under the Department of Space to promote, authorize, and supervise private sector participation in space activities.
  • NSIL Mandate: Commercial arm of ISRO tasked with mass production of launch vehicles, building satellites, and marketing space-based services globally.
  • ISRO Core R&D: Focuses exclusively on research and development, interplanetary missions, strategic space assets, and capacity building.

આંતર-વિષય પેટર્ન

  • Commercial Space Reforms & Public Sector Monopolies

    IN-SPACe acts as the commercial regulator, separating operational functions from ISRO's R&D, echoing structural reforms seen in India's defence production and atomic energy sectors.

  • Startup Ecosystems & Deep-Tech Policy Unlocking

    The exponential rise in space startups from 1 to 440 mirrors the regulatory unlocking seen in India's drone sector and deep-tech startup ecosystems under Startup India.

IN-SPACe's mandate under the 2023 Space Policy and the shift from ISRO-centric to private commercial ecosystems is prime for Prelims matching.

સંલગ્ન PYQ · 2

સંલગ્ન PYQ · 2

  • 2016MainsGS3

    Discuss India's achievements in the field of Space Science and Technology. How the application of this technology has helped India in its socio-economic development?

  • 2026PrelimsGS1

    Consider the following statements with regard to involvement of private entities in India's space programme : 1. The Indian National Space Promotion and Authorisation Centre (IN-SPACe) is an autonomous agency formed to facilitate participation of private entities. 2. Agnikul Cosmos launched the world's first flight using 3D-printed rocket engine. 3. Skyroot Aerospace has developed liquid fuel for GSLV. Which of the statements given above is/are correct ?